Mama Mia! Is Netflix About to Jump Like a Super Star or Fall Down a Bottomless Pit?!

Netflix Keeps on Truckin'!

It's a Mario here to talk about something almost as exciting as finding a hidden warp zone: Netflix! You see everyone's been a saying Netflix NFLX is one to watch. And you know what? They're right! This stock it's a been holding up better than me after Bowser throws everything but the kitchen sink at me. Other stocks they're a falling down pipes but Netflix? It's a like it found a Super Star!

200 Day Moving Average? More Like 200 Day WINNING Streak!

What's really a got my mustache twitching is that Netflix never dipped below its 200 day moving average. That's like me never missing a jump! Only a few other big shots like BRK.B V and UNH were doing the same thing. Now there's more but still it shows Netflix has some serious 'Power Up' potential. 'Here we go!'

Buy the Dip? It's a Me Mario... BUY!

If you look a at Netflix all by itself ignoring all the crazy market stuff it's a looking like a classic 'buy the dip' scenario. Like when I see a green pipe I know there's probably something good down there. But a things aren't always as simple as finding a hidden block. 'Okey Dokey!'

Uh Oh! Head and Shoulders? Not the Good Kind!

Now here's where things get a bit like a haunted mansion. There's a this potentially bearish 'head and shoulders' formation taking shape. Historically these things don't always play out but META did the same thing and BAM down the pipe it went! We gotta a be careful or we might end up in Bowser's castle. 'It's a me! Trapped!'

Earning Season: The Ultimate Boss Battle!

Next week Netflix has to face the ultimate boss battle: the earnings report. How the market reacts that's gonna send a big message even bigger than the one Princess Peach sends when she bakes me a cake! If it goes well it could boost other growth stocks. If not...well let's just say I hope I have a Super Mushroom ready. 'Yahoo!'

So What's a Next? Jump or Plunge?!

So there you have it! Netflix is at a crossroads. Will it jump over the flagpole and celebrate a victory or will it plunge down a bottomless pit? Only time will tell. But one thing's for sure: it's a gonna be an exciting ride! 'Let's a go!'